04/20/2009
https://www.congress.gov...
"So the vast majority of these counterparties are U.S., not foreign?"
"But I think what you are also saying--I know my time is up, I apologize, Mr. Chairman--but you are telling us, Congress, go fix this."
"There is a huge moral hazard here."
"We, the American taxpayer, have taken a high-flying company that was doing what most of us would believe in a normal market circumstance was high risk."